Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

Select the General forces of business environment out of the following.

A. Social
B. Competitors
C. Technological
D. Suppliers
E. Customers

Choose the correct answer from the options given below:

Options:

A, B and C only

A and C only

B, D and E only

C, D and E only

Correct Answer:

A and C only

Explanation:

A and C only IS THE CORRECT ANS.

Business environment includes both specific and general forces.
Specific forces (such as investors, customers, competitors and suppliers) affect individual enterprises directly and immediately in their day-to-day working.
General forces (such as social, political, legal and technological conditions) have impact on all business enterprises and thus may affect an individual firm only indirectly.